Incredibly rare multi-family dwelling in the Phoenix metro area. This unit is priced to sell. Cash Generating 4-plex directly behind Phoenix Children's Hospital. each of the four units is a 2 bed 1 bath with tile floors, a back yard/patio area and one covered parking space per unit. Property has additional generous onsite parking. Profit generating coin operated laundry does convey. Entire building and block fence were recently painted! The building has a newer roof, newer HVAC units and newer water heaters. All tenants are currently on contract until Summer of 2023. but current rent comps show the ability to raise rents by 35% or more! With raised rents cap rate should be close to 7%!! Maintenance shed onsite for the owner to utilize.
Courtesy of: Ensign Properties Corp The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Realty Executives Paradise Valley. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 3rd October, 2022 8:34 PM (UTC)
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